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Vale iron ore output falls in second quarter but still beats estimates

Cecilia Jamasmie | July 21, 2016 | 6:03 am Base Metals Energy Top Companies Australia Europe Latin America Coal Copper Iron Ore Nickel 

Brazil’s Vale (NYSE:VALE), the world’s No.1 iron-ore producer, saw a slight decline in second-quarter output, but still managed to beat analysts’ estimates, keeping a new annual production record in sight. The Rio de Janeiro-based miner said it produced 86.8 million...

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